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A key component of blockchain technology is the ledger, viz., a database that, unlike standard databases, keeps in memory the complete history of past transactions as in a notarial archive for the benefit of any future test. In…

Cryptography and Security · Computer Science 2021-10-01 Paolo Bottoni , Anna Labella , Remo Pareschi

Sharding is used to improve the scalability and performance of blockchain systems. We investigate the stability of blockchain sharding, where transactions are continuously generated by an adversarial model. The system consists of $n$…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-23 Ramesh Adhikari , Costas Busch , Dariusz R. Kowalski

The spectacular success of Bitcoin and Blockchain Technology in recent years has provided enough evidence that a widespread adoption of a common cryptocurrency system is not merely a distant vision, but a scenario that might come true in…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-08-30 Adam Gągol , Damian Leśniak , Damian Straszak , Michał Świętek

Cryptocurrencies, implemented with blockchain protocols, promise to become a global payment system if they can overcome performance limitations. Rapidly advancing architectures improve on latency and throughput, but most require all…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-09-17 Alex Manuskin , Michael Mirkin , Ittay Eyal

Multi-block MEV (MMEV) denotes the practice of securing k-consecutive blocks in an attempt at extracting surplus value by manipulating transaction ordering. Following the implementation of pro-poser/builder separation (PBS) on Ethereum,…

Cryptography and Security · Computer Science 2023-06-13 Johannes Rude Jensen , Victor von Wachter , Omri Ross

A Coordination Blockchain is a blockchain with the task of coordinating activities of multiple private blockchains. This paper discusses the pros and cons of using Ethereum MainNet, the public Ethereum blockchain, as a Coordination…

Cryptography and Security · Computer Science 2019-06-17 Peter Robinson

Bitcoin, as well as many of its successors, require the whole transaction record to be reliably acquired by all nodes to prevent double-spending. Recently, many blockchains have been proposed to achieve scale-out throughput by letting nodes…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-18 Zhijie Ren , Kelong Cong , Taico V. Aerts , Bart A. P. de Jonge , Alejandro F. Morais , Zekeriya Erkin

Money transfer is an abstraction that realizes the core of cryptocurrencies. It has been shown that, contrary to common belief, money transfer in the presence of Byzantine faults can be implemented in asynchronous networks and does not…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-07-28 Oded Naor , Idit Keidar

We develop a general and practical framework to address the problem of the optimal design of dynamic fee mechanisms for multiple blockchain resources. Our framework allows to compute policies that optimally trade-off between adjusting…

Computer Science and Game Theory · Computer Science 2023-09-25 Davide Crapis , Ciamac C. Moallemi , Shouqiao Wang

Decentralized crypto-currencies based on the blockchain architecture under-utilize available network bandwidth, making them unable to scale to thousands of transactions per second. We define the Blockclique architecture, that addresses this…

Cryptography and Security · Computer Science 2020-02-11 Sébastien Forestier , Damir Vodenicarevic , Adrien Laversanne-Finot

What are the optimal times for an Internet of Things (IoT) device to act as a blockchain miner? The aim is to minimize the energy consumed by low-power IoT devices that log their data into a secure (tamper-proof) distributed ledger. We…

Cryptography and Security · Computer Science 2023-08-21 Anurag Gupta , Vikram Krishnamurthy

A smart contract on a blockchain cannot keep a secret because its data is replicated on all nodes in a network. To remedy this problem, it has been suggested to combine blockchains with trusted execution environments (TEEs), such as Intel…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-23 Marcus Brandenburger , Christian Cachin , Rüdiger Kapitza , Alessandro Sorniotti

The integration of permissioned blockchain such as Hyperledger fabric (HF) and Industrial internet of Things (IIoT) has opened new opportunities for interdependent supply chain partners to improve their performance through data sharing and…

Cryptography and Security · Computer Science 2023-06-22 Muhammad Islam , Mubashir Husain Rehmani , Jinjun Chen

The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-31 Hasan Mahmud Rhidoy , Mahdi H. Miraz , Iftekhar Salam

In this study, we propose PRETRUST, a new framework to address the problem of the efficiency of payment process based on blockchain systems. PRETRUST is based on the thoughts of consortium chains, supporting fast payments. To make parties…

Cryptography and Security · Computer Science 2022-11-15 Huapeng Li , Baocheng Wang

Most blockchain platforms from Ethereum onwards render smart contracts as stateful reactive objects that update their state and transfer crypto-assets in response to transactions. A drawback of this design is that when users submit a…

Cryptography and Security · Computer Science 2024-04-23 Massimo Bartoletti , Riccardo Marchesin , Roberto Zunino

Sharding is a prominent technique for scaling blockchains. By dividing the network into smaller components known as shards, a sharded blockchain can process transactions in parallel without introducing inconsistencies through the…

Cryptography and Security · Computer Science 2023-09-12 Jianting Zhang , Wuhui Chen , Sifu Luo , Tiantian Gong , Zicong Hong , Aniket Kate

A typical blockchain protocol uses consensus to make sure that mutually mistrusting users agree on the order in which their operations on shared data are executed. However, it is known that asset transfer systems, by far the most popular…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-04-28 Andrei Tonkikh , Pavel Ponomarev , Petr Kuznetsov , Yvonne-Anne Pignolet

Today's blockchain designs suffer from a trilemma claiming that no blockchain system can simultaneously achieve decentralization, security, and performance scalability. For current blockchain systems, as more nodes join the network, the…

Cryptography and Security · Computer Science 2020-01-28 Songze Li , Mingchao Yu , Chien-Sheng Yang , A. Salman Avestimehr , Sreeram Kannan , Pramod Viswanath

This paper presents a dynamic, real-time approach to detecting anomalous blockchain transactions. The proposed tool, BlockGPT, generates tracing representations of blockchain activity and trains from scratch a large language model to act as…

Cryptography and Security · Computer Science 2023-05-02 Yu Gai , Liyi Zhou , Kaihua Qin , Dawn Song , Arthur Gervais
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